Thursday, 1 Oct 2026 · Singapore Property news across the Asia-Pacific
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APACrealty Commercial Desk

Commercial · reporting for APACrealty since 2026

The commercial desk reports on office leasing and investment, retail and hospitality assets, industrial and logistics space, and the data centre pipeline across Singapore and the wider region.

Latest from this desk

Capital Markets SEC proposes P120-M minimum capital for broker-dealers, seeks public comment SEC proposes P120-M minimum capital for broker-dealers, seeks public comment

The Securities and Exchange Commission has proposed raising the minimum unimpaired paid-up capital for broker-dealers to P120 million, replacing the P100-million requirement set in 2004. The draft rules, issued for comment until Oct. 14, cite inflation and international regulatory principles. Existi

Commercial PH Resorts shuts Donatela Resort in Bohol after extrajudicial foreclosure PH Resorts shuts Donatela Resort in Bohol after extrajudicial foreclosure

PH Resorts Group Holdings has closed the Donatela Resort & Sanctuary in Panglao, Bohol, after the property was placed under extrajudicial foreclosure proceedings by Land Bank of the Philippines. The resort's operator, Donatela Hotel Panglao Corp., ended operations on 30 Sep 2026 and will hand over p

Commercial PNB Holdings signs creative agency RNDMD as new tenant at PNB Makati Center Philippines PNB Holdings signs creative agency RNDMD as new tenant at PNB Makati Center

PNB Holdings Corp. has signed a lease agreement with creative agency RNDMD for office space at PNB Makati Center on Ayala Avenue. The 35,000 sq.m. property is currently 86 per cent leased as the company continues to build occupancy and enhance amenities.

Capital Markets Amazon and Flipkart review unlicensed security camera listings in India India Amazon and Flipkart review unlicensed security camera listings in India

Amazon and Walmart's Flipkart are reviewing internet-enabled surveillance camera listings on their Indian platforms after Reuters found more than 700 of roughly 770 listings lacked mandatory government certification. The checks follow strict testing rules imposed in April 2026 amid espionage concern

Capital Markets 30 development banks launch new guidelines to boost private capital mobilisation for emerging markets Singapore 30 development banks launch new guidelines to boost private capital mobilisation for emerging markets

A group of 30 multilateral development banks and finance institutions has launched new joint methodologies to measure and increase capital mobilisation to emerging markets. The guidelines, backed by the G20, aim to capture innovative financial tools such as collateralised loan obligations and signif

Capital Markets Wall Street lenders demand stronger guarantees on Nvidia's $500 billion chip-backed financing plan Singapore Wall Street lenders demand stronger guarantees on Nvidia's $500 billion chip-backed financing plan

Bankers and asset managers are pushing back on Nvidia's plan to use its advanced chips as long-term collateral for a US$500 billion financing initiative. Lenders want stronger guarantees, arguing the chips may not hold value for the decade Nvidia claims, and are seeking more certainty in deal struct

Commercial Aeon targets 300 supermarkets and 30 malls in Vietnam by 2031 Vietnam Aeon targets 300 supermarkets and 30 malls in Vietnam by 2031

Japanese retail giant Aeon plans to more than double its operating revenue in Vietnam to 300 billion yen (US$1.9 billion) by March 2031. It aims to expand its supermarket network to 300 stores and its shopping mall network to 30 outlets, with about 60% of its Southeast Asian investment allocated to

Commercial Filinvest Innovation Parks first in Philippine industrial real estate to earn IFC A+ resilience rating Philippines Filinvest Innovation Parks first in Philippine industrial real estate to earn IFC A+ resilience rating

Filinvest Land's Filinvest Innovation Parks in New Clark City and Ciudad de Calamba have become the first industrial properties in the Philippines to receive an A+ rating under the International Finance Corporation's Building Resilience Index. The verified rating covers Ready-Built Factories at both

Residential Megawide tops off two towers at Jab Residences in Cavite socialised housing project Philippines Megawide tops off two towers at Jab Residences in Cavite socialised housing project

Megawide Construction Corp., through its subsidiary Megawide Dreamrise Residences, Inc., has topped off two towers at Jab Residences in Dasmariñas, Cavite, under the government’s Expanded 4PH Program. The developer pledged monthly amortisations starting at ₱2,500 and free shuttle services for two ye

Commercial JERA, Dell and RHAELM to Build 400 MW AI Data Centre in Chiba Singapore JERA, Dell and RHAELM to Build 400 MW AI Data Centre in Chiba

Japan's biggest power generator JERA has signed an MoU with Dell Technologies and UK-based RHAELM to develop a standardised framework for AI infrastructure, starting with a US$15 billion hyperscale data centre in Chiba. The facility will deliver 400 MW of capacity in phases from 2028, with JERA supp

Commercial Malaysia Aviation Group signs deal to buy Airbus unit Sepang Aircraft Engineering Malaysia Malaysia Aviation Group signs deal to buy Airbus unit Sepang Aircraft Engineering

Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has signed a sale and purchase agreement to acquire Airbus unit Sepang Aircraft Engineering. The deal is targeted for completion in 2027, subject to regulatory approvals. No financial details were disclosed.

Residential Selangor Dredging plans 122-villa Penang project, reports RM155.78m unbilled sales Malaysia Selangor Dredging plans 122-villa Penang project, reports RM155.78m unbilled sales

Selangor Dredging Bhd is planning a 122-villa residential development with a clubhouse near Bukit Mertajam, Penang. The developer also reported RM155.78 million in unbilled sales from its ongoing projects DaMai in Selangor and Elina Resort Homes in Puchong.

Residential BCRS refund portal goes live as beverage container scheme reaches full rollout Singapore BCRS refund portal goes live as beverage container scheme reaches full rollout

A new digital portal for refund requests under Singapore's beverage container return scheme (BCRS) goes live from 1 Oct, cutting refund processing time from 30 to 10 working days. The portal starts with SG Recycle machines in the north and west before expanding islandwide, as the scheme enters full

Residential Maharashtra tightens housing redevelopment rules: three bids, registered rehab deals, two-year deadline Maharashtra tightens housing redevelopment rules: three bids, registered rehab deals, two-year deadline

Maharashtra has revised its redevelopment framework, requiring cooperative housing societies to obtain a project management consultant report within two months and evaluate at least three developer bids. Developers must sign agreements within three months, with projects completed in two years. Regis

Commercial Klanggroup delivers two Selangor industrial projects with RM1.74b GDV Malaysia Klanggroup delivers two Selangor industrial projects with RM1.74b GDV

Klanggroup Development Sdn Bhd has handed over vacant possession of two fully sold industrial developments in Kapar and Jenjarom, Selangor, with a combined gross development value of RM1.74 billion. As of September 2026, 82 of 170 factory units at Kapar and 113 of 162 factory units at Jenjarom are o

Residential HDB resale prices fall 0.2% in Q3 2026, third straight quarterly decline Singapore HDB resale prices fall 0.2% in Q3 2026, third straight quarterly decline

Flash estimates from HDB show resale prices fell 0.2 per cent quarter-on-quarter in Q3 2026, the third consecutive decline. Transaction volumes rose 5.2 per cent year-on-year to 7,528 deals, and HDB said it has not seen a spike in buying by former private property owners since the removal of the 15-

Commercial Battersea Power Station marks 50 millionth visitor milestone as next phase takes shape Battersea Power Station marks 50 millionth visitor milestone as next phase takes shape

Battersea Power Station in London has welcomed its 50 millionth visitor less than four years after opening. The Malaysian-owned development is preparing for its next phase, with a planning application submitted to deliver up to 3.2 million sq ft of residential, commercial, cultural and leisure space

Commercial MACC proposes governance changes for two Felda projects amid corruption probes Malaysia MACC proposes governance changes for two Felda projects amid corruption probes

The Malaysian Anti-Corruption Commission has proposed procurement and advisory changes for two Felda projects, including the Agro Park (Commercial) Project and Cattle Trading Pilot Project. Felda and its subsidiaries have agreed to implement the recommendations, which come amid separate MACC investi

Residential Residensi Kirana in Salak South Offers 849 Affordable Units from RM299,990 Malaysia Residensi Kirana in Salak South Offers 849 Affordable Units from RM299,990

Beaks Development's Residensi Kirana in Taman Salak Jaya, Kuala Lumpur, will offer 849 Residensi Wilayah units priced from RM299,990. The 852 sq ft three-bedroom homes are part of a 1,295-unit project on 5.18 acres of leasehold land, with completion slated for 31 March 2031.

Residential AFZ Realty honours top negotiators at annual dinner with RM10,000 prize Malaysia AFZ Realty honours top negotiators at annual dinner with RM10,000 prize

AFZ Realty held its annual dinner on Sept 26 at Hemisfera Luxury Sky Hall in Menara Kuala Lumpur, celebrating excellence and teamwork among its real estate negotiators. A total of 49 award categories were presented, with Norul Ain Yusoff winning the Most Valuable Negotiator Award, which included a R

Capital Markets Trive Property slips to RM315,000 net loss in 2Q as revenue slides 90.8% Malaysia Trive Property slips to RM315,000 net loss in 2Q as revenue slides 90.8%

Trive Property Group Bhd fell into a net loss of RM315,000 for the second quarter ended 31 Jul 2026, from a net profit of RM1.999 million a year earlier, as revenue plunged 90.8% to RM608,000. The decline was due to higher tenant vacancies and the absence of renewable energy sales.

Commercial WTK sells Perai industrial properties for RM38m in asset-light shift Malaysia WTK sells Perai industrial properties for RM38m in asset-light shift

WTK Holdings has agreed to sell three leasehold industrial properties in Perai, Penang, to NationGate System for RM38 million cash. The disposal, which follows a fire at its manufacturing facility, will support its shift towards an asset-light tapes business.

Commercial PTT Synergy to buy four Bukit Raja factories for RM32m Malaysia PTT Synergy to buy four Bukit Raja factories for RM32m

PTT Synergy Group Bhd plans to acquire four freehold industrial properties under construction in Bandar Bukit Raja, Klang, Selangor, for RM31.997 million. The acquisition, to be funded through bank borrowings, is intended to accommodate the group's business expansion.

Capital Markets Axis REIT completes RM38m industrial property acquisition in Shah Alam Malaysia Axis REIT completes RM38m industrial property acquisition in Shah Alam

Axis Real Estate Investment Trust has completed the RM38 million acquisition of a 99-year leasehold industrial complex in Seksyen 16, Shah Alam. The property, fully occupied by three tenants, was bought from Rubicon Assets Sdn Bhd and funded through existing bank financing.

Capital Markets Chin Hin Group Property sells commercial vehicle units for RM62 million to focus on Divine KLCC and Ophira Malaysia Chin Hin Group Property sells commercial vehicle units for RM62 million to focus on Divine KLCC and Ophira

Chin Hin Group Property Bhd is exiting the commercial vehicles and bodyworks business by selling four subsidiaries to HSG Sdn Bhd for RM62 million cash. Most of the proceeds will fund its Divine KLCC and Ophira property projects in Kuala Lumpur.

Residential Taman Equine semi-detached house sold for RM1.25m Malaysia Taman Equine semi-detached house sold for RM1.25m

A semi-detached house at Taman Equine in Selangor has been sold for RM1.25 million. The buyer, who viewed the property three times, was drawn to its location, price and condition. The seller moved back to his hometown.

Capital Markets US stocks rise, 2-year yield eases after soft inflation data US stocks rise, 2-year yield eases after soft inflation data

US stocks rose and the 2-year Treasury yield fell on Wednesday after softer-than-expected US inflation data reduced the odds of a Federal Reserve rate hike next month. Long-dated yields stayed higher, with the 10-year note on track for its biggest monthly gain since 2022.

Capital Markets Three IPOs lined up for Philippine bourse as Mynt, VITRO, Aznar Shipping test investor appetite Philippines Three IPOs lined up for Philippine bourse as Mynt, VITRO, Aznar Shipping test investor appetite

The Philippine Stock Exchange is set for a busy period with three initial public offerings, including Mynt Inc., the fintech behind GCash, which could become the bourse's largest-ever listing. Analysts caution that success depends on post-listing performance and whether the IPOs attract fresh capita

Capital Markets ElevenLabs' valuation doubles to US$22 billion on surging AI voice-agent demand Singapore ElevenLabs' valuation doubles to US$22 billion on surging AI voice-agent demand

ElevenLabs has completed a US$300 million employee tender offer that values the AI voice generation startup at US$22 billion, double its February valuation. The deal, led by Wellington and T. Rowe Price, provides liquidity to staff and early investors as demand for AI voice agents surges.

Capital Markets Century Properties secures SEC approval for PHirst Park Homes merger Century Properties secures SEC approval for PHirst Park Homes merger

Century Properties Group has received Securities and Exchange Commission approval to merge with its residential housing arm PHirst Park Homes, with CPG as the surviving entity. The consolidation aims to simplify operations, centralise capital management, and strengthen the company's first-home resid